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Energo follows key project, policy and investment in the power sector across the FSU and CEE. This has included extensive coverage of the Czech Republic and Lithuania’s efforts to build new nuclear reactors, changing renewables policies in Poland and Romania and the privatisation and modernisation of Russia’s power sector.
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Russian utilities major InterRAO posts $0.4bn RAS profit in 2023
Russian state-controlled utility holding InterRAO posted net profit increase of 15% year on year in 2023 to under Russian Accounting Standards (RAS).
North Macedonia’s ESM in talks with US, UK on SMRs
Output of Slovenia’s NPP Krsko exceeds plan by 1.24% in January
Tajikistan to increase electricity exports to Afghanistan this year
Tajikistan’s state-owned power company, Barki Tojik, has said it intends to increase electricity exports to Afghanistan this year, despite its own shortages.
Estonian power company’s board member says Estlink 3 could connect Estonia to Sweden, instead of Finland
The Estlink 3 undersea electricity connection would make more sense now if it linked Estonia and Sweden, rather than to Finland as planned, since it would bring cheaper electricity to consumers on the Estonian side.
Pashinyan plans to take part in the IAEA summit on nuclear energy in Brussels in March.
On its website, the IAEA announced that the summit would be the most significant meeting to date solely focused on nuclear energy. The summit will be co-chaired by IAEA Director General Rafael Grossi and Belgian Prime Minister Alexander De Croo.
Turkey’s Fortis Energy launches 3-MW Dolovo biogas plant in Serbia
The 3-MW Dolovo biogas power plant built by Turkish electricity producer Fortis Energy, a unit of Istanbul-based UCK Holding, in Serbia has come online, Fortis Enerji said on February 14.
Albania greenlights 90-MW PV plant by Greece Faethon
Albania's government announced on February 14 its approval of Faethon, a renewables developer and indirect subsidiary of Greece's Heron energy group, to construct a 90-MW photovoltaic (PV) power plant in Libohove.
Hive has secured land for three solar projects in Croatia
The newly acquired sites, all on private land, include a 6-MW Agri-PV project. Two other projects are also set to obtain all permits by the end of 2024 and the third is awaiting spatial plan insertion.
Slovenia’s Gen Energija advances plans for NPP Krsko 2nd unit
Turkey’s Kiler Tekstil to build 150-MW solar plant
Kiler Tekstil, a unit of Turkish conglomerate Kiler Holding, will invest a total of TRY4.4bn ($143mn) to build a 150-MW solar power plant, namely Cevrimtepe, in Siirt Province in Turkey.
Bulgaria and Romania to revive €6bn Danube hydropower project
Neighbouring countries are updating old plans to build a major new hydropower plant on the Danube between Nikopol and Turnu Magurele.
EBRD to support Montenegro’s EPCG to speed up green transition
The European Bank for Reconstruction and Development (EBRD) will support Montenegrin power company EPCG to achieve a faster transition to green energy production,
Despite transition to green energy, fossil fuels dominate in Ukraine
Fossil fuels meet over half of Ukraine’s energy needs, with renewables at only 3%, but an EU-funded green transition may not be far away.
Bosnia’s Republika Srpska faces €102mn lawsuit for ending concession of Trusina wind park
Romanian companies have €815mn grants for green energy projects
Bosnia's EP BiH opens €9mn coal supply tender for its Tuzla TPP
Bosnia & Herzegovina’s state-owned power company Elektroprivreda BiH (EP BiH) said it has launched a tender to acquire additional 200,000 tonnes of coal lignite for its Tuzla TPP in 2024 in a deal estimated to cost BAM17.6mn (€9mn).
Bulgaria lifts projected price of new nuclear units to $14bn
Bulgaria's energy minister Rumen Radev said on February 12 that he expects the two planned new units at the country's Kozloduy NPP using Westinghouse Electric's AP1000 technology to cost up to $14bn.
Montenegro to launch tender for new wind parks
Montenegro’s government has decided to launch a tender to lease land for the construction of new wind power plants in the municipality of Savnik, it said in a statement.
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